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Turkey’s capacity utilization rate sees fresh hikes in June

by ChemOrbis Editorial Team - content@chemorbis.com
  • 24/06/2015 (17:17)
According to data released by the Central Bank of the Republic of Turkey, Turkey’s capacity utilization in the manufacturing sector increased for a third consecutive month in June.

The capacity utilization rate climbed to 75.1% in June, up 0.2% from May. The seasonally adjusted capacity utilization rate in the manufacturing industry, however, declined 0.1% month over month to reach 74.5%.

Durable goods and non-durable goods showed higher capacity utilization rates in June while capacity utilization rates declined for food and beverages, intermediate goods and investment goods. The highest capacity utilization rates were recorded in the manufacturing of coke and refinery petroleum products, which increased to a rate of 89% in June.
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